EFS

#EFS 🔷 About EFS Token

EFS is the core equity token of the EFSANE platform, which runs through multiple application scenarios of the platform ecology. In the future, it will be widely used in staking mining, platform governance, reward distribution, game participation, airdrop distribution, mall shopping and other functions. It is the key link between users and platform value.

💡 How to get EFS?

In order to ensure fairness and participation opportunities for all users in the early stage, the current way to obtain EFS is divided into two stages:

🟣 Pre-launch stage:

Users can only obtain EFS through gem exchange or participate in platform airdrop activities. In order to avoid price manipulation caused by early concentrated purchases by large capital users, the platform has not yet opened a direct trading market.
EFS obtained through gem exchange will have a lock-up period and can only be circulated after being unlocked in installments.

🟢 Post-listing stage:

Once EFS is officially launched on the exchange, users can buy or sell freely on the supported mainstream trading platforms.
The unlocked EFS can be freely traded, withdrawn or participated in ecological applications.

🔒 Why do EFS tokens need to be frozen for a period of time and released linearly?

To ensure the long-term and stable development of the ecosystem, EFS adopts a freezing + linear release mechanism. This mechanism has been proven to be effective by many mature crypto projects around the world, and its advantages include:

1️⃣ Promote the growth of users and platforms

The linear unlocking mechanism encourages users to focus on long-term value rather than short-term speculation. Users are more willing to continue to participate in platform construction during the unlocking cycle, grow with the ecosystem, and build a stable user community.

2️⃣ Avoid drastic price fluctuations and stabilize the market

If the tokens are released at one time, it is very easy to trigger concentrated selling, resulting in drastic price fluctuations. By gradually releasing tokens, market pressure can be effectively alleviated, supply and demand balance can be maintained, and the healthy stability of currency prices can be enhanced.

3️⃣ Build trust and support a sustainable ecosystem

The regular unlocking mechanism reflects the platform's emphasis on fairness and long-term commitment, enhances user trust, attracts user groups willing to participate and contribute value in the long term, and creates a benign closed loop for the ecosystem.

4️⃣ Corresponding to the contribution rhythm, reasonably distribute value

EFS is widely used in reward mechanisms and platform governance. Linear release helps to ensure that "contribution and benefits" match and truly realize reasonable returns on value.

5️⃣ Drawing on mature experience, the mechanism is flexible and adjustable

This mechanism has been adopted by multiple exchanges and Web3 platforms and verified as a stable strategy in the early stages of development. EFSANE also retains the flexibility to adjust the release ratio in a timely manner according to the development stage to balance ecological expansion and user incentives.

EFS is not only a token, but also a core tool that connects user value, platform vitality and long-term trust. We believe that through scientific mechanism design and ecological expansion, EFS will have a wider influence on a global scale.